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Technology Stocks : General Magic
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To: cool who wrote (2558)6/30/1998 11:35:00 AM
From: terrapin  Read Replies (1) of 10081
 
Just went to the NYC meeting...

Being a sceptic, I had to check out Portico for myself, and I've got to tell you, in a word, AWESOME! Huge implications for the future.
In the short term, I think the stock trades between 10-15 through July, trading near the strike prices of where the most option open interest lies.
As the street realizes the potential here, particularly when the service gets rolled out by major carriers, the stock will take off.
The hard thing will be to hang on. I will hold a core position in my portfolio till mid 1999, at least.
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